September 14, 2011 - The court approved the settlement, entered the orders approving the plan of allocation, and dismissed the action with prejudice.
September 13, 2011 - The court entered the orders approving the motion for attorneys’ fees and expenses.

June 22, 2011 - The court preliminarily approved the settlement.

June 17, 2011 - Parties filed a stipulation of settlement.

January 24, 2011 - The lead plaintiff filed an amended consolidated complaint.

November 24, 2010 - The lead plaintiff and lead counsel were appointed and all cases were consolidated.

November 12, 2010 - A lead plaintiff motion was filed.

September 2, 2010 - An investor in shares of DG FastChannel Inc (NASDAQ: DGIT) filed a lawsuit in the U.S. District Court for the Southern District of New York against DG FastChannel Inc over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between August 4, 2010 and August 27, 2010.

According to the complaint the plaintiff alleges on behalf of investors, who purchased DG FastChannel Inc (NASDAQ: DGIT) securities during the period August 4, 2010 through August 27, 2010, that DG FastChannel Inc and certain of its officers and directors violated the Securities Exchange Act of 1934. The plaintiff alleges that certain defendants participated in the DG FastChannel Inc second quarter 2010 earnings conference call on August 4, 2010 and they did not reveal that DG FastChannel Inc had any significant business problems that should have been disseminated to the investing public. Shares of DG FastChannel Inc (NASDAQ: DGIT) then dropped from $27.52 per share on Friday Aug 27, 2010, to $15.21 per share on Monday, August 30, 2010, after DG FastChannel Inc announced weaker-than-expected revenue for the 2010 third quarter.

DG FastChannel Inc, located in Irving, Texas, is a provider of digital technology services, which enables the electronic delivery of advertisements, syndicated programs, and video news releases to broadcasters, online publishers and other media outlets. DG FastChannel Inc reported over the past four years increasing revenue. DG Fast Channel reported in 2006 $68.67 million, in 2007 $97.69 million, in 2008 $157.08 million, and in 2009 $190.89 million. Its shares DGIT rose from as low as $5.29 in 2006 to $29.11 per share in the end of 2009. This upward trend seemed to continue in 2010. DGIT shares started in early 2010 at $29.92 and increased to as high as $43.10 in June 2010. But since the end of July 2010 DGIT shares dropped from over $40 per share to recently $15.69 per share.